Description
EFG Corporation is considering the installation of some form of retirement plan. The owner’s stated objectives for the plan, in the order of importance, are:
1. Rewarding long-term employees
2. Retaining employees
3. Providing a level of retirement income equal to 60% of the employee’s earnings
4. Funding that is tax-deductible
5. No risk to employees of losing the available benefits
The company has been in business for 20 years, and has stable cash flow.
The company furnishes you with an employee census and is willing to contribute the equivalent of 35% of payroll to the plan.
Based upon their stated objectives, what type of retirement plan would be most suitable for the corporation? Explain your reasoning for the plan you choose.
To access MSSB discussion forum guidelines and grading rubric, click this link.
Our website has a team of professional writers who can help you write any of your homework. They will write your papers from scratch. We also have a team of editors just to make sure all papers are of HIGH QUALITY & PLAGIARISM FREE. To make an Order you only need to click Order Now and we will direct you to our Order Page at Litessays. Then fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.
Fill in all the assignment paper details that are required in the order form with the standard information being the page count, deadline, academic level and type of paper. It is advisable to have this information at hand so that you can quickly fill in the necessary information needed in the form for the essay writer to be immediately assigned to your writing project. Make payment for the custom essay order to enable us to assign a suitable writer to your order. Payments are made through Paypal on a secured billing page. Finally, sit back and relax.
